The Senate Banking Committee voted along party lines Thursday to advance the nomination of President Trump's top White House economist to a stint on the Federal Reserve Board.

Senators voted 13-11 to approve the nomination of Stephen Miran, chair of the White House Council of Economic Advisers (CEA), to a Fed board term set to expire in January.

All Republican members of the Senate Banking panel supported Miran, while all Democrats on the committee opposed the nominee.

Miran's nomination now moves to the full Senate, which is expected to confirm him along a similar partisan margin.

A Harvard-trained economist, Miran was previously confirmed by the Senate to chair the White House CEA, where he has sought to make the analytical case for Trump's major changes to global trade and taxation.

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